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Affirming the development of AI in the area, a report released by PwC earlier this month stated that the usage of AI among the labor force in the Middle East continues to rise, with 75 percent of workers in the region using it in their jobs over the past 12 months.
In November, a report launched by KPMG highlighted Saudi Arabia's progress in the technology sector and stated that 84 percent of CEOs in the country are prepared to release AI responsibly, well above the 76 percent global standard, supported by the Kingdom's information governance ecosystem, including national efforts led by the Saudi Data and Expert System Authority.
Policymakers are believing holistically about how to make the region attractive, consisting of having more practical laws to enable experimentation and development," said the report.
Navigating Compliance Challenges in the Omani Business EnvironmentLeading organization leaders, policymakers and investors from the GCC and Latin America recently checked out how countries from the two regions can grow trade between each other in Dubai, UAE.More than 500 regional and international policymakers, presidents, CEOs, company leaders, investors, and market specialists went to the first Global Organization Forum Latin America held at the Atlantis Palm - Dubai.
In 2015 the GCC comprised of the UAE, Bahrain, Kuwait, Oman, Qatar and Saudi Arabia, imported $11 billion worth of items from Latin America. And exports to Latin America from the area were $5.6 billion, a statement from organisers said. Both areas depend on each other for necessary items.
In 2015 Latin America provided almost half the meat imports into the GCC and 36 per cent of the region's total sugar imports, it added. Brazil is by far the largest trading partner for nations in the region, followed by Argentina and Mexico. Among the Latin American states, the GCC depends on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for automobiles and Chile for wood items, said a statement.
The forum was arranged by the Dubai Chamber of Commerce under the style "Shifting Synergies", checks out how companies can benefit from the changing patterns of worldwide need and what role Dubai can play in facilitating the next step in business relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however worldwide too, by functioning as an information and research centre, by providing business documents, using legal services, assisting in networking chances by means of signature service occasions and delivering almost every imaginable business service, it mentioned.
GCC growth will reinforce in 2026, led by faster growth in hydrocarbons; non-oil growth will remain strong however sluggish somewhat. Non-oil activity will be supported by population growth, brand-new industries, and public financial investment; inflation will remain soft, while monetary policy will loosen up. Hydrocarbons sector growth will speed up, balancing out in part lower oil rates; fiscal balances will be mixed, with surpluses in UAE and Qatar, but deficits persist somewhere else.
SHARJAH (WAM) The GCC and larger Middle East region is poised for the next wave of investments in AI and tech-led sectors, with business-friendly and innovation-focused federal government policies attracting funds and talent, stated magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel discussion on the first day of SEF 2026 analyzing "What Does the Next Year of Endeavor Capital Appear Like", speakers agreed that the emerging regional investment landscape appears promising.
Fixing the Talent Retention Puzzle in the UAEReacting to a question on local start-ups' prospects of taking advantage of current investments in digital facilities, Tala Al Jabri, Founder and Handling Partner of Wyld VC stated: "We have a lot going for us in the area: the low expense of energy, a very progressive federal government that is ahead in policy, regulation and information personal privacy; and really strong instructional organizations that are increasingly taking a look at AI and ending up technical skill in AI."She included: "Our ultimate objective is to see this region, specifically the GCC, become an AI superpower.
Our biggest chauffeur right now is buying talent, because in the AI race, it's the technical talent that actually wins."Concentrating on the attractiveness of the area for financiers, Christos Mastoras, Founder and Managing Partner of Iliad Partners, stated: "I believe we are very fortunate to onboard the three biggest banks of Greece as LPs [Limited Partners] for financial investment in the region.
"International development funds are can be found in, which shows clear signs of maturity of the community The capability of the UAE and regional governments to attract talent; their innovation-first approach, abundance of capital here as well as inflow internationally are the key foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the variety of handle the highest worths, with 250 "biggest ticket size" deals recorded in 2025 in the country.
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